Profile overview for amek.
Submission statistics

This user has mostly submitted to the following subverses (showing top 5):

1 submissions to amek

1 submissions to AskEconomics

1 submissions to BasicIncome

This user has so far shared a total of 1 links, started a total of 2 discussions and submitted a total of 5 comments.

Voting habits

Submissions: This user has upvoted 8 and downvoted 0 submissions.

Comments: This user has upvoted 17 and downvoted 0 comments.

Submission ratings

5 highest rated submissions:

Y Combinator is funding a study on basic income, submitted: 1/28/2016 6:31:36 AM, 9 points (+9|-0)

How can Fed not know whether it can achieve a negative federal funds rate?, submitted: 2/11/2016 8:22:56 AM, 4 points (+4|-0)

Getting Started with VOAT, submitted: 1/27/2016 6:17:25 AM, 1 points (+3|-2)

5 lowest rated submissions:

Getting Started with VOAT, submitted: 1/27/2016 6:17:25 AM, 1 points (+3|-2)

How can Fed not know whether it can achieve a negative federal funds rate?, submitted: 2/11/2016 8:22:56 AM, 4 points (+4|-0)

Y Combinator is funding a study on basic income, submitted: 1/28/2016 6:31:36 AM, 9 points (+9|-0)

Comment ratings

3 highest rated comments:

Iceland Forgives Entire Population of its Debt. Total US Media Blackout. submitted by DigitalRefugee to Worldnews

amek 0 points 4 points (+4|-0) ago

Icelanders had the portion of inflation-indexed housing mortgages exceeding 110% of the property value forgiven.

This 110% route was agreed on January 15, 2011.

http://www.bloomberg.com/news/articles/2013-06-24/iceland-debt-forgiveness-reaches-2-billion-since-crisis

http://eng.forsaetisraduneyti.is/news-and-articles/nr/7808

How can Fed not know whether it can achieve a negative federal funds rate? submitted by amek to AskEconomics

amek 0 points 1 points (+1|-0) ago

It sounds like there could be several problems implementing a negative federal funds rate. Rather than cause anxiety by admitting the fed could not do it they say, "hmm, we need to look into it".

The New Frontier of Negative Interest Rates submitted by hansbrinker to NewsOne

amek 0 points 1 points (+1|-0) ago

The financial world just stops making sense when you pay interest to borrowers and charge interest to savers.

If the economy is in trouble at 0.25% interest, then why would -0.25% interest fix anything?

3 lowest rated comments:

Is China About To Drop A Devaluation Bomb? submitted by pcdude to economics

amek 0 points 1 points (+1|-0) ago

It would be in-line with recent events for China to further devalue their currency.

These two charts show onshore yuan (CNY) next to China credit default swaps.

http://imgur.com/a/NyW95

Source: http://www.zerohedge.com/news/2016-01-27/china-injects-another-50-billion-liquidity-mysterious-panic-buyer-reappears-offshore

How can Fed not know whether it can achieve a negative federal funds rate? submitted by amek to AskEconomics

amek 0 points 1 points (+1|-0) ago

It sounds like there could be several problems implementing a negative federal funds rate. Rather than cause anxiety by admitting the fed could not do it they say, "hmm, we need to look into it".

The New Frontier of Negative Interest Rates submitted by hansbrinker to NewsOne

amek 0 points 1 points (+1|-0) ago

The financial world just stops making sense when you pay interest to borrowers and charge interest to savers.

If the economy is in trouble at 0.25% interest, then why would -0.25% interest fix anything?